PHILIP F. THOMAS, ESQUIRE, GOVERNOR.

1849.

by the name, style and title of the Maryland Institute
for the promotion of the Mechanic Arts, and by that
name shall have succession, and be able and capable in
law to sue and be sued, to plead and be impleaded, in
any court of record or elsewhere; to make, have and use
a common seal, and the same at pleasure to alter or re-
new; to receive donations, gifts, grants, devises and be-
quests, or other conveyances of money, goods, chattels,
effects, lands, tenements and estates, real and personal,
and the same to hold, use, sell, or otherwise dispose of,
and convey, and generally to do all such acts, matters
and things, as are or shall be necessary to carry into full

CHAP. 114.

effect, the objects of the said corporation; provided

always, that the property owned by said corporation,
shall not exceed in value one hundred and twenty
thousand dollars.

Proviso.

SEC. 2. And be it enacted, That the members of the
said corporation shall consist of manufacturers, mechan-
ics, artizans and persons friendly to the mechanic arts,
who shall hereafter be elected in such manner, and pay
such sum annually, or in gross, or an annual or life
subscription, as the constitution or bye-laws of the said

Of whom com-
posed.

corporation shall appoint and require; provided always,

that two-thirds of the board of directors of said corpora-
tion shall be practical manufacturers or mechanics.

Proviso.

SEC. 3. And be it enacted, That the objects of the
said corporation, shall be the encouragement and promo-
tion of manufactures, and the mechanic and useful arts,
by the establishment of popular lectures upon the scien-
ces connected with them; by the formation of a school
of design, adapted to mechanical and manufacturing
purposes; for providing a library, reading room, and a
cabinet of minerals, models and mechanical apparatus;
for holding annual exhibitions or fairs, for articles of
American manufacture, and for offering premiums or
awards for excellence in those branches of national in-
dustry, deemed worthy of encouragement; by examin-
ing new inventions submitted for that purpose, and by
such other means necessary for the accomplishment of
their objects, as experience may suggest.

Object of cor-
poration.

SEC. 4. And be it enacted, That the affairs of
the said corporation shall be conducted and managed by
a president, a board of directors, and by such other offi-
cers, and in such manner as the constitution or bye-
laws of the same, shall authorise and provide; that such
officers and directors shall be elected annually at. a meet
ing of the said corporation to be held in the city of Bal-

Affairs— How

managed.